Explore the Power of UPI with the Federal Bank RuPay Signet Credit Card

Bio

Sandipan Mitra is the CEO and co-founder of Pice. He boasts eight years of experience in the B2B and fintech sector. Sandipan's journey includes significant roles at multiple Indian Unicorns Including Product at PayU, and as founding member / VP, Product at Open Financial Technologies.

16 Apr 26
4 mins

Sandipan Mitra

08 Mins
16-04-26

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Table of Contents

Federal Bank RuPay Signet Credit Card Benefits
Federal Bank RuPay Signet Credit Card Charges

Earn 3X rewards on the purchase of electronics and apparel.
Earn 2X rewards on purchases from the entertainment category.
Get a ₹200 Amazon voucher on spending ₹3,000.
Enjoy lounge access by spending ₹20,000 quarterly.
Enjoy personal accident insurance cover of ₹2 lakh.

The Federal Bank RuPay Signet Credit Card offers a smart way to manage digital payments. It combines rewards, security, and convenience for everyday spending. You can link the card to your UPI ID for quick and secure transactions.

It is currently available as a lifetime free card from 3rd April 2023 for a limited period. The card is also available on Mastercard and VISA networks for wider usage.

Federal Bank RuPay Signet Credit Card Benefits

This card offers a welcome benefit of an Amazon Pay voucher worth ₹200 when you spend ₹3,000 within the first 30 days. It adds instant value to your early transactions.

Curious to know the other features of the Federal Bank RuPay Signet Credit Card?

Reward Structure: Earn 3X rewards on electronics and apparel, 2X on entertainment spends, and 1X rewards on all other purchases.
Movie Offer: Enjoy BOGO on INOX movie tickets once a quarter and get ₹100 off on the second ticket purchase.
Swiggy Benefit: Receive complimentary Swiggy vouchers when you spend ₹20,000 in a quarter using your credit card.
Insurance Cover: Get personal accident insurance cover of ₹2 lakhs along with 24x7 concierge services for added support.
Lounge Access: Spend ₹20,000 in a quarter to enjoy 1 complimentary domestic lounge visit in the following quarter.
RuPay Offers: Access exclusive RuPay deals across travel, dining, shopping, entertainment, and lifestyle for better savings.

Federal Bank RuPay Signet Credit Card Charges

The Federal Bank RuPay Signet Credit Card annual fee and joining fee of ₹750 are currently waived. When applicable, you can waive the joining fee by spending ₹10,000 in the first 3 months and avoid the annual fee by spending ₹75,000 in a year.

Here are the other important charges you should know.

Parameters	Charges
Cash Advance Fee	2.5% or ₹500 (whichever is higher)
Fee for Cash Payment	₹100
Overlimit Charges	2.5% or min. ₹500
Cheque Dishonour Charges	2% or min. ₹450
Rewards Redemption Fee	₹99
Foreign Currency Markup	3.5%
Card Replacement Charges	₹200
Late Payment Charges	Till ₹250: NIL₹251 - ₹1,000: ₹250₹1,001 - ₹5,000: ₹500₹5,001 - ₹25,000: ₹1,000Above ₹25,000: ₹1,250

💡Credit card bill payments are now easy and streamlined. Install the Pice app on your smartphone and connect your credit cards. Once you get your monthly payment reminder, choose the card you want to pay for, enter the details and amount and make your payment.

Footnotes

The Federal Bank RuPay Signet Credit Card limit is shared during card issuance and in statements. Cash withdrawal is limited to 10% of the total credit limit.
You can add up to 4 add-on cards for family members, with a charge of ₹100 per card.
Maintain a fixed deposit of at least ₹25,000 for 6 months and get up to 80% of its value as a credit limit for a secured Federal Bank Credit Card.

FAQs

How can I link the RuPay Signet Credit Card with UPI?

Open any UPI app like BHIM and add your credit card under profile settings. Select Federal Bank, set your UPI PIN, and start making payments by scanning QR codes.

How can I redeem rewards and manage offers?

Choose the right card, complete transactions early, and track rewards through the Federal Bank Signet RuPay Credit Card login on the rewards portal or app. Redeem points for vouchers, travel, or other options.

What EMI options are available on a Federal Bank Signet Credit Card?

You can choose Merchant EMI at purchase or Post Purchase EMI later. Transactions between ₹1,500 and ₹7,50,000 can be converted within 1–2 working days.

What is the Federal Bank customer support number?

For customer support within India, call 1800-425-1199 or 1800-420-1199. From abroad, call 0484-2630994, 0484-2630995, or 080-61991199 for 24/7 assistance.

What is an instant credit card, and how does it work?

With the Federal Bank RuPay Credit Card application, you can get instant approval and start using a digital card immediately. The physical card is delivered within 2–5 business days.